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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Vrume Mark
Industry Role:
Join Date: Jan 2001
Location: Toronto, Canada
Posts: 20,912
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![]() First of all he bought into Glaceau... He bought 10% of the company and then Coca Cola bought it last week for 4.1 Billion... Yes I did say 4.1 BILLION dollars!
http://www.aceshowbiz.com/news/view/00009211.html Big corporations are fighting over him to endorse their products tooth and nail http://news.bbc.co.uk/1/hi/business/4813912.stm Then he bought Mike Tyson's old house for 4.1 Million... He's now selling it for 11 Million http://www.homesgofast.com/view_news/379/ I really do think he's a genius!! Either that or he has some fucking SMART money managers! Good on him man! ![]() DH |
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#2 |
H.B.I.C.
Industry Role:
Join Date: Jun 2003
Location: NC
Posts: 30,122
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He sure is.
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#3 |
Confirmed User
Join Date: Jun 2005
Location: ♠ ♣ ♥
Posts: 2,341
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I just read he put $10 million into the Tyson house after he bought it.
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#4 |
**Porntrepreneur**
Industry Role:
Join Date: Jul 2004
Location: New York
Posts: 12,788
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I know one of his money guys. Mainly a tax shelter guy and he is into everything and sets himself up right. He is currently building a home on Long Island about a mile from me. My brother in-law works at the blueprinting place that printed up the blueprints. he said they come in with the stuff they need printed and shadow him while he does it to make sure no copies of the house leak out. he says it's a sick house on the sound but I'm yet to drive by and see how its coming out. I see his Producer Shy-Money all the time at the 7-11. He made it .. Good for him
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#5 | |
Vrume Mark
Industry Role:
Join Date: Jan 2001
Location: Toronto, Canada
Posts: 20,912
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Quote:
So maybe he's just getting his investment back... That house is probably so torn up after all the crazy parties he has thrown in it haha! ;) DH |
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#6 |
Confirmed User
Join Date: Nov 2003
Location: San Diego
Posts: 4,274
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dude, the lyrics to his song, "The Candy Shop" is clear evidense of unparelleled genius.
"I'll take you to the Candy Shop, I'll let you lick the lolly pop" Mozart, Beethoven, 50.... I'm sure he has some highly qualified people looking after his financial interests. |
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#7 |
Confirmed User
Join Date: Oct 2003
Location: Atlanta
Posts: 2,840
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smart business choices... while everyone else in Hip-hop is trying to buy basketball teams 50cent is going a different direction.
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#8 |
Confirmed User
Join Date: Jun 2005
Location: ♠ ♣ ♥
Posts: 2,341
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#9 | |
I AM WEB 2.0
Industry Role:
Join Date: Jan 2003
Posts: 28,682
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Quote:
HATER ALERT ![]() |
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#10 |
Too lazy to set a custom title
Industry Role:
Join Date: May 2003
Location: icq: 71462500 Skype: Jupzchris
Posts: 27,880
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he gets an allowance
any big purchases are pre approved from his "handlers" think if he didnt have smart people behind him he would have a fucking dime?
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#11 |
Hello world!
Industry Role:
Join Date: Mar 2003
Posts: 12,508
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Looks like good business decisions, for sure.
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#12 |
H.B.I.C.
Industry Role:
Join Date: Jun 2003
Location: NC
Posts: 30,122
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#13 |
♦ Web Developer ♦
Industry Role:
Join Date: May 2005
Location: Full-Stack Developer
Posts: 12,472
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Good for him! ;)
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#14 |
Confirmed User
Join Date: Jun 2006
Posts: 530
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50 cent did not get 400 million from the Glaceau sale. His stake was in his "Formula 50" brand, not 10% of the entire company. He gets $1-$3 per case of formula 50 sold.
and i'm not a hater or anything, just putting the facts out there.. |
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#15 |
Workin With The Devil
Industry Role:
Join Date: Oct 2004
Location: West Bloomfield, MI
Posts: 51,532
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very nice, good for him
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#16 |
Confirmed User
Join Date: Sep 2006
Location: internets
Posts: 6,954
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there is a club in tysons club
remember the in da club video..that was shot in his house i beleive lol 50 cent is richer than jayz now
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Teen Porn Models / Solo Girls |
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#17 | |
Too lazy to set a custom title
Industry Role:
Join Date: Apr 2003
Location: Sunny San Diego
Posts: 11,500
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Quote:
Where do you get your facts? |
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#18 |
mmm yeah!
Industry Role:
Join Date: Feb 2005
Location: roseville, ca
Posts: 5,061
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fuck 50 cent rich or not.
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#19 |
Moo Moo Cow
Join Date: Mar 2004
Location: Washington State
Posts: 14,748
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ya, I'm sure he made all those decisions, cuz people never hire other people to handle their money and investments.
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#20 |
Drunk and Unruly
Join Date: Jan 2002
Location: Hollywood
Posts: 22,712
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50 is a smart guy. A lot of people have certain prejudices that make them believe a rapper, a black guy from the hood, could never make a wise investment.
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I've trusted my sites to them for over a decade... Webair, bitches. |
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#21 | |
Drunk and Unruly
Join Date: Jan 2002
Location: Hollywood
Posts: 22,712
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Quote:
I heard recently that the folks from V Water said he didn't get $400 mil. He still got a lot, but it wasn't close to $400m. He also didn't invest more than $1m of his cash so whatever he got worked out well for him.
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I've trusted my sites to them for over a decade... Webair, bitches. |
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#22 | |
Confirmed User
Join Date: Feb 2006
Location: Porn Valley
Posts: 937
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Quote:
First off no credible news organization has reported fIFTY making diddly off the COKE deal! this was as real as i could find..I found this link on wikipedia's page on GLACEAU the company that owns VitaminWater http://www.hiphopdx.com/index/news/i...ublicity-stunt They say the staement is from GLACEAU havent confirmed yet... |
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#23 |
Too lazy to set a custom title
Industry Role:
Join Date: Apr 2003
Location: World
Posts: 31,027
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damn,that guy is smart,i love him
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#24 |
Confirmed User
Industry Role:
Join Date: Oct 2005
Posts: 3,758
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he is decent guy in my book
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#25 |
BACON BACON BACON
Industry Role:
Join Date: Nov 2002
Location: Poems everybody, the laddie fancies himself a poet
Posts: 35,462
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im going straight to the bank with this.
ha ha ha ha...ha ha ha ha ha |
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#26 | |
Confirmed User
Join Date: Jun 2006
Posts: 530
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Quote:
And as to how I know, I know from someone that worked over at glaceau in marketing. |
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#27 |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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Yep, I think he just has smart people managing his money for him.
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#28 |
Confirmed User
Join Date: Jul 2004
Location: Denmark ICQ: 7880009
Posts: 2,203
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What about Master P? 50 might have surpassed him money wise, but I doubt that 50 made a lot of the business deals himself. I'm sure he has money people to handle that stuff.
Master P was one of the first rappers to really branch out into other industries and is worth in the region of 400 million$ and he made his fortune himself. |
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#29 |
Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,329
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Whether he made the business decisions or not really doesn't matter... one can call him smart for hiring someone to handle his money. Many do not. A smart man will hire smarter people than himself.
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Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details. |
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#30 | |
Confirmed User
Join Date: Oct 2003
Location: Long Island,New York
Posts: 1,823
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Quote:
Jigga man = richer then 50cent, just heard it on shade45 yesterday...
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#32 | |
Tube groupie.
Industry Role:
Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
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Quote:
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#33 |
Confirmed User
Join Date: Feb 2005
Location: Costa Rica
Posts: 2,514
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50 Cent has financial planners up the ass. Doubt he even has a say in anything.
I would assume someone from Smith Barney or Goldman Sachs is managing his wealth. And Jay-Z is much more wealthy than 50 Cent at the current moment in net worth. Rocca Wear alone was valued at over $500 million per year in net revenue, the stake that Jay-Z commands in that company would far surpass 50 Cent's Glaceau stock move. Not to mention Jay-Z's ownership in Def Jam, Rocca Fella, and various other businesses. Jim |
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#34 | |
Drunk and Unruly
Join Date: Jan 2002
Location: Hollywood
Posts: 22,712
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Quote:
Plus his endorsement deals in the past year add around 7 million plus a $3 million minimum salary from Def Jam. He's doing well. Puff Daddy, Eminem, Russell Simmons and possibly Nelly all have more though.
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I've trusted my sites to them for over a decade... Webair, bitches. |
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#35 | |
Hello world!
Industry Role:
Join Date: Mar 2003
Posts: 12,508
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Quote:
It's also why a wealthy person with an iota of common sense can virtually never become poor. Their money is working for them at all times generating more money, even when they're no longer actually working a job or selling goods. |
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#36 |
Confirmed User
Join Date: May 2007
Posts: 3,119
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Good for him..I'm sure lots of chicks are luring him.
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OnProbation Links Directory | OnProbation Design Services | OnProbation Cash |
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#37 |
lurker
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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Yeah he has his shit together.
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#38 |
Confirmed User
Join Date: Jan 2006
Posts: 3,510
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agreed.. street smarts with millions... Dre' and MM working next to you, can't loose...
watch 50 come out with more movies ; ![]() |
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#39 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Posts: 51,692
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Quote:
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#40 |
Confirmed User
Join Date: Jun 2007
Location: south florida baby!!!
Posts: 187
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i went to his house...i mean his mansion in conn. and it was off the hook!!!
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#41 | |
Industry Role:
Join Date: Mar 2003
Location: San Diego
Posts: 32,265
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Quote:
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